Ripple XRP (XRP) Drop Continues in The Bullish Trend

XRP price forecast is still pretty bullish. More investors are still attracted by XRP price prediction 2019. XRP news today is still trending, with Alex Cobb XRP prediction making waves. Many digital asset investors still consider XRP the best cryptocurrency to invest in 2019. XRP is still on fire, but right now, there is no bullish XRP news today to boost the fire, on the contrary, bearish XRP news are in trend.

The price of XRP recently plunged drastically below the 34 cents level against the USD. The downward correction continued and XRP price broke the $0.3320 and $0.3250 support levels. The digital currency also broke below the 32 cents level and plunged towards the $0.3175 level.

XRP (XRP) Price Today – XRP / USD

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The price of XRP is currently lagging behind in the ongoing crypto price recovery. However, a break over its immediate hurdle point could pave the way for more gains. This could trigger the price of XRP to meet up with the market, and the short-term XRP price prediction 2019 could be attained.

The price of XRP is still in the red at the time of writing according to XRP USD live price is down by about one percent over the past day. This has left some digital asset investors wondering if the short-term XRP price prediction 2019 is still attainable before the end of this month.

Cryptocurrency News Today

This week has started off pretty well for most of the digital currencies in the market. Almost all the top twenty digital currencies are now trading in the green except XRP, Binance Coin (BNB), and Tether (USDT). Over the past day, some digital currencies have even recorded gains of more than 10 percent. At the press time, Bitcoin Cash price is up by more than 5 percent. The price of Cardano (ADA) is recording gains of almost 10 percent. The highest gainer so far is Cosmos Coin, with an increase of more than 12 percent.

Ripple XRP Price Analysis – XRP Price Prediction 2019 

According to the latest XRP analysis on the Ambcrypto; XRP’s one-day chart showed that the token underwent sideways movement between the resistance line of $0.367 and $0.291. The uptrend extended from $0.326 to $0.3654 and the downtrend followed, devaluing the token from $0.3659 to $0.324.

The Bollinger Bands indicated a volatile period for the token as the bands were diverging in the market.

The Fisher Transform line exhibited a bearish trend for the token as the red line remained above the blue line.

The MACD line also pointed towards a bearish trend as the blue line hovered under the red line.

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Carolyn Coley is a blockchain reporter. She joined Smartereum after graduating from UC Berkeley in 2018.


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